Middlebury National Corporation (MDVT) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Middlebury National Corporation (MDVT) trades at $49.00 with AI Score 53/100 (Grade B). Middlebury National Corporation, founded in 1831, operates as the holding company for National Bank of Middlebury, offering banking products and services… Market cap: $42.1M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for MDVT: MDVT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MDVT against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
MDVT: the 2 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Middlebury National Corporation (MDVT) Financial Services Profile
Middlebury National Corporation, established in 1831, serves as the holding company for National Bank of Middlebury, providing a range of banking products and services to individuals and businesses. With a focus on traditional banking and wealth management, the company operates primarily in Vermont, demonstrating a commitment to local financial needs.
What Is the Investment Thesis for MDVT?
Middlebury National Corporation presents a traditional banking model with a focus on serving the local Vermont community. With a market cap of $42.1M and a P/E ratio of 11.25, the company demonstrates a stable, albeit small, financial profile. The dividend yield of 2.44% may attract income-focused investors. Key value drivers include maintaining a strong local presence and customer loyalty. Growth catalysts involve expanding digital banking services and wealth management offerings. Potential risks include the limited geographic footprint and competition from larger regional and national banks. Investors may want to evaluate the company's OTC listing and associated liquidity constraints.
Based on FMP financials and quantitative analysis
MDVT Key Highlights
Market capitalization of $42.1M indicates a small-cap regional bank.
- P/E ratio of 11.25 suggests a potentially undervalued stock compared to the broader market.
- Profit margin of 14.4% reflects efficient operations and profitability within the banking sector.
- Beta of 0.01 indicates very low volatility compared to the market, suggesting a stable investment.
- Dividend yield of 2.44% provides a steady income stream for investors.
Who Are MDVT's Competitors?
MDVT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BHDB Bank of Labor Bancshares, Inc. | $124.00 | +0.00% | $42.5M | 58 |
| CDAB Coeur d'Alene Bancorp, Inc. | $16.00 | +0.00% | $30.4M | 49 |
| CYSM Community Bancorp of Santa Maria | $20.21 | +0.00% | $43.7M | 52 |
| HCBC High Country Bancorp, Inc. | $47.00 | +3.14% | $46.9M | 50 |
| HCKG Hocking Valley Bancshares, Inc. | $37.74 | +0.00% | $46.9M | 52 |
| HWBK Hawthorn Bancshares, Inc. | $39.44 | +0.19% | $272M | 92 |
| FRAF Franklin Financial Services Corporation | $62.10 | +0.40% | $279M | 92 |
| FUNC First United Corporation | $43.35 | -0.55% | $280M | 92 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MDVT's Key Strengths?
Long-standing history and reputation in the local community.
- Strong customer relationships and personalized service.
- Stable deposit base and low-cost funding.
- Experienced management team.
What Are MDVT's Weaknesses?
Limited geographic footprint and market share.
- Dependence on traditional banking services.
- Lack of scale compared to larger regional banks.
- OTC listing limits liquidity and investor access.
What Could Drive MDVT Stock Higher?
Expansion of digital banking services to attract younger customers.
- Growth in wealth management offerings to increase fee income.
- Potential strategic partnerships with local businesses.
- Focus on green energy lending to capitalize on sustainability trends.
- Community engagement initiatives to enhance brand reputation.
What Are the Key Risks for MDVT?
Financial-distress signal — its Altman Z-Score of -0.46 sits in the distress zone (elevated bankruptcy risk).
- Competition from larger regional and national banks.
- Rising interest rates and economic downturn.
- Increasing regulatory burden and compliance costs.
- Cybersecurity threats and data breaches.
- Limited liquidity due to OTC listing.
What Are the Growth Opportunities for MDVT?
- Expansion of Digital Banking Services: Middlebury National Corporation can capitalize on the growing demand for digital banking solutions by enhancing its online and mobile banking platforms. This includes offering a wider range of services such as mobile check deposit, online account opening, and personalized financial management tools. The market for digital banking is projected to reach $9 trillion by 2028, providing a significant opportunity for growth.
- Wealth Management Services: The company can expand its wealth management offerings to attract high-net-worth individuals and families in the Vermont region. This includes providing financial planning, investment management, and trust services. The wealth management market is expected to grow at a rate of 7% annually, driven by increasing affluence and demand for sophisticated financial advice.
- Strategic Partnerships: Middlebury National Corporation can form strategic partnerships with local businesses and organizations to expand its customer base and offer specialized financial products and services. This includes partnering with real estate developers to provide mortgage financing, or with local retailers to offer co-branded credit cards. Such partnerships can create mutually beneficial relationships and drive revenue growth.
- Green Energy Lending: With increasing focus on sustainability, Middlebury National Corporation can promote green energy improvement loans. This includes offering financing for solar panels, energy-efficient appliances, and other eco-friendly upgrades. The green energy market is rapidly expanding, driven by government incentives and growing consumer awareness of environmental issues.
- Community Engagement: Strengthening community engagement through financial literacy programs and local sponsorships can enhance the bank's reputation and attract new customers. By actively participating in community events and supporting local initiatives, Middlebury National Corporation can build stronger relationships with residents and businesses, fostering loyalty and driving long-term growth.
What Are MDVT's Competitive Advantages?
- Established local presence and brand recognition in Vermont.
- Long-standing customer relationships built over decades.
- Personalized service and community focus differentiates from larger banks.
What Does MDVT Do?
Middlebury National Corporation, founded in 1831, serves as the holding company for the National Bank of Middlebury. The bank offers a comprehensive suite of banking products and services tailored to individuals and business customers. These include various savings accounts, such as checking, money market, and individual retirement accounts, alongside certificates of deposit and related registry services. The bank also provides a variety of lending options, including personal loans for auto, recreational vehicles, and home improvements, as well as commercial loans encompassing term loans, real estate mortgages, and lines of credit. Beyond traditional banking, Middlebury National Corporation offers modern conveniences like merchant services, bill pay, e-statements, mobile banking, and wealth management services. The company emphasizes its commitment to the local community, focusing on building long-term relationships with its customers. Headquartered in Middlebury, Vermont, the bank has deep roots in the region and a long history of serving the financial needs of its residents and businesses. The company's strategy centers on providing personalized service and leveraging technology to enhance customer experience.
What Products and Services Does MDVT Offer?
- Provides savings and checking accounts to individuals and businesses.
- Offers personal loans for various purposes, including auto and home improvement.
- Provides commercial loans for real estate, construction, and working capital.
- Offers online and mobile banking services for convenient account management.
- Provides wealth management services to help clients achieve their financial goals.
- Issues debit and credit cards for everyday transactions.
How Does MDVT Make Money?
- Generates revenue through interest income from loans.
- Earns fees from services such as wealth management and merchant services.
- Profits from the spread between deposit interest paid and loan interest earned.
What Industry Does MDVT Operate In?
Middlebury National Corporation operates within the regional banking sector, which is characterized by increasing competition from larger national banks and fintech companies. The industry is also subject to stringent regulations and compliance requirements. Regional banks like Middlebury National Corporation differentiate themselves through personalized service and local market expertise. The trend towards digital banking and mobile payment solutions is reshaping the industry, requiring banks to invest in technology to remain competitive.
Who Are MDVT's Key Customers?
- Individuals seeking personal banking services.
- Small businesses needing commercial loans and banking solutions.
- High-net-worth individuals requiring wealth management services.
How Middlebury National Corporation Is Valued
Middlebury National Corporation carries a market capitalization of $42.1M, placing it in the micro-cap category. Relative to its peer group, MDVT's quantitative score of 53/100 is roughly in line with the peer average of 52/100.
Company Profile
Middlebury National Corporation operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Middlebury, US. The company is led by CEO G. Kenneth Perine. MDVT has traded publicly since 2001.
Key Financial Metrics
Return on equity for Middlebury National Corporation stands at 10.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.6%, showing how much profit it generates from its asset base. MDVT trades at a trailing price-to-earnings ratio of 11.32, below the Financial Services sector average of ~18x. Its free cash flow yield is 3.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.04 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 8.8%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Middlebury National Corporation's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.46 places it in the distress zone, a signal of elevated financial risk.
MDVT Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Long-standing history and reputation in the local community.
- Strong customer relationships and personalized service.
- Stable deposit base and low-cost funding.
- Experienced management team.
Bear Case
- Limited geographic footprint and market share.
- Dependence on traditional banking services.
- Lack of scale compared to larger regional banks.
- OTC listing limits liquidity and investor access.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
MDVT Latest News
No recent news available for MDVT.
MDVT Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MDVT.
Price Targets
Wall Street price target analysis for MDVT.
MDVT MoonshotScore
What does this score mean?
The MoonshotScore rates MDVT 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: G. Kenneth Perine
CEO
G. Kenneth Perine serves as the CEO of Middlebury National Corporation. His background includes extensive experience in the banking sector, with a focus on community banking and financial management. He has held various leadership positions within the company, contributing to its strategic direction and growth. Perine is actively involved in local community initiatives and serves on several boards, demonstrating his commitment to the region's economic development. His expertise lies in fostering customer relationships and driving sustainable growth for the bank.
Track Record: Under G. Kenneth Perine's leadership, Middlebury National Corporation has maintained a stable financial performance and strengthened its position in the local market. He has overseen the implementation of new technologies to enhance customer service and improve operational efficiency. Key achievements include expanding the bank's wealth management services and increasing its community engagement efforts. His focus on risk management has helped the bank navigate challenging economic conditions.
MDVT OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Middlebury National Corporation may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory oversight as exchange-listed companies. Investing in OTC Other stocks carries higher risks due to the potential for limited information and liquidity.
- OTC Tier: OTC Other
- Limited liquidity due to low trading volume.
- Lack of regulatory oversight and financial transparency.
- Potential for price manipulation and fraud.
- Higher risk of delisting or going out of business.
- Limited access to company information and financial reports.
- Verify the company's financial statements and SEC filings (if any).
- Research the management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's OTC Markets disclosure status.
- Check for any regulatory actions or legal issues.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Long-standing history and reputation in the local community.
- Membership in industry associations and trade groups.
- Positive customer reviews and testimonials.
- Active community involvement and sponsorships.
- Audited financial statements (if available).
What Investors Ask About Middlebury National Corporation (MDVT) — Financial Services
What does the AI Score mean for MDVT?
MDVT holds an AI Score of 53/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. Middlebury National Corporation, founded in 1831, operates as the holding company for National Bank of Middlebury, offering banking products and services to individuals and businesses. With a …
What does Middlebury National Corporation do?
Middlebury National Corporation operates as the holding company for National Bank of Middlebury, providing a range of banking products and services to individuals and businesses. These include deposit accounts, personal and commercial loans, online and mobile banking, and wealth management services. The company focuses on serving the local community in Vermont, building long-term relationships with its customers, and providing personalized financial solutions.
What do analysts say about MDVT stock?
As of 2026-03-16, there is no readily available analyst coverage for Middlebury National Corporation (MDVT) due to its OTC listing and small market capitalization. Investors should conduct their own due diligence and consider the company's financial performance, growth prospects, and risk factors before making any investment decisions. Key valuation metrics include the P/E ratio of 11.25 and the dividend yield of 2.44%.
What are the main risks for MDVT?
The main risks for Middlebury National Corporation include competition from larger regional and national banks, rising interest rates and economic downturn, increasing regulatory burden and compliance costs, cybersecurity threats and data breaches, and limited liquidity due to its OTC listing. Investors should also be aware of the potential for price volatility and limited information available for OTC-listed stocks. These factors could negatively impact the company's financial performance and stock price.
How does Middlebury National Corporation make money in financial services?
Middlebury National Corporation generates revenue primarily through interest income from loans, fees from services such as wealth management and merchant services, and the spread between deposit interest paid and loan interest earned. The company's profitability is influenced by factors such as interest rate movements, loan volume, and the efficiency of its operations.
What regulatory challenges does Middlebury National Corporation face?
Middlebury National Corporation faces regulatory challenges common to the banking industry, including compliance with federal and state banking regulations, capital requirements, and consumer protection laws. The company must also adhere to regulations related to anti-money laundering (AML) and cybersecurity. These regulations can be costly and time-consuming to implement, and failure to comply can result in fines and penalties.
What are the key factors to evaluate for MDVT?
Middlebury National Corporation (MDVT) holds an AI score of 53/100 (moderate). Middlebury National Corporation presents a traditional banking model with a focus on serving the local Vermont community. Not financial advice.
How frequently does MDVT data refresh on this page?
MDVT's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MDVT's recent stock price performance?
Middlebury National Corporation (MDVT) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Long-standing history and reputation in the local community. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be limited or less reliable than exchange-listed data.